The Roads and Transport Authority (RTA) has issued requests for qualification to leading contractors and consortiums for the development of Dubai Metro's new Gold Line, a fully underground network being set up at an investment of AED34 billion ($9.2 billion), said a report.
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Assets under management (AuM) in the GCC grew by 10% in 2025, reaching $2.7 trillion and marking one of the strongest annual performances in over a decade, according to a new report from Boston Consulting Group (BCG).
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The United States and Iran have agreed to halt their latest hostilities in the Gulf and resume negotiations for a comprehensive treaty, raising hopes that a fragile interim peace arrangement can survive despite days of escalating military exchanges.
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Saudi Arabia’s Ministry of Tourism has unveiled its AI Tourism Vision, a strategic initiative aimed at accelerating digital transformation and positioning the Kingdom as a global leader in tourism innovation.
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AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
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The US military launched a new series of airstrikes on Friday after Tehran struck a commercial ship in the Strait of Hormuz with a drone, thus presenting a fresh test for the fragile ceasefire, said media reports, even as Israel and Lebanon reached a framework deal for peace.
The US government has awarded Lockheed Martin a seven-year undefinitised contract action (UCA) for up to $35 billion to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors.
The United Arab Emirates (UAE) has expanded its visa-on-arrival programme to include nationals of six countries and their accompanying family members.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, has approved a series of new development projects and initiatives by Dubai Municipality.
KERNO Enterprises inaugurated its headquarters and first enterprise IT hardware manufacturing facility at Dubai Silicon Oasis (DSO), the special economic zone for knowledge- and innovation-driven companies in Dubai.
Government employees in Dubai will once again have the option of a four-day work week during the summer under the 2026 edition of the 'Our Flexible Summer' initiative, as the emirate expands flexible working arrangements to improve work-life balance while maintaining public services.
The UN International Maritime Organization (IMO) has temporarily suspended its operation to escort and evacuate ships through the Strait of Hormuz after a cargo vessel came under attack, raising fresh concerns over maritime security despite a preliminary agreement aimed at ending the Iran conflict.
Rescue teams continued to search through the rubble of collapsed buildings across Venezuela on Thursday after two powerful earthquakes struck near the capital, Caracas, leaving at least 235 people dead and thousands injured.
Air India Express has announced the launch of direct flights between Guwahati and Dubai, and Guwahati and Abu Dhabi, thus becoming the first airline to directly connect Northeast India with the Middle East. The services will commence on August 4 and 7 respectively.
Dar Global, a leading real estate company, has joined hands with Italian brand Fendi Casa for the launch of Azure Oceanfront Villas, a collection of ultra-luxury mansions, set within its landmark 4.3 million-sq-m AIDA clifftop community development in Muscat, Oman.
Abu Dhabi National Oil Company said its key unit XRG and top Italian petroleum company Eni have signed separate agreements with Argentina's state-controlled energy company YPF to acquire 32% stakes each in three upstream gas blocks in the Vaca Muerta shale formation.
Dar Global, a leading real estate company, has joined hands with Italian brand Fendi Casa for the launch of Azure Oceanfront Villas, a collection of ultra-luxury mansions, set within its landmark 4.3 million-sq-m AIDA clifftop community development in Muscat, Oman.
Total global air cargo demand, measured in cargo tonne-kilometres (CTK), increased by 6.0% in May this year, compared to May 2025 levels (6.5% for international operations), according to International Air Transport Association (IATA) data.
AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
Qiddiya Investment Company (QIC) has announced that work has begun on the National Tennis Centre, a world-class sports facility coming up at Saudi Arabia’s capital of entertainment, sport, and culture Qidiya City. On completion, it will feature 30 courts, open public spaces and fan zones.
A severe heatwave affecting several European countries has caused the deaths of 74 people by drowning in France since June 18, coinciding with Germany recording a new temperature record for the second consecutive day, reaching 41.5 degrees Celsius, said media reports.
PMKConsult and Havelock One Interiors have completed the full turnkey refurbishment of the RAK Academy Khuzam campus for leading developer Marjan. Spanning 226,000 sq ft, the project scope included design development and revamp of a leading international school in UAE.
Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has awarded a design and build contract worth SAR1.3 billion ($342 million) to Lynx Contracting Company for the development of its premium mixed-use boulevard project in the Eastern Province of Al Khobar.
Assets under management (AuM) in the GCC grew by 10% in 2025, reaching $2.7 trillion and marking one of the strongest annual performances in over a decade, according to a new report from Boston Consulting Group (BCG).
Honeywell Technologies has completed the previously announced spin-off of its Aerospace Technologies business, which now operates as Honeywell Aerospace.
Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.
Wynn Al Marjan Island today announced a landmark partnership with Punchdrunk, the internationally acclaimed immersive theatre company behind some of the most influential and genre-defining productions of the past two decades, including the global phenomenon Sleep No More.
The United States and Iran have agreed to halt their latest hostilities in the Gulf and resume negotiations for a comprehensive treaty, raising hopes that a fragile interim peace arrangement can survive despite days of escalating military exchanges.
